NEW DELHI/BENGALURU (Reuters) – An Indian antitrust investigation of Amazon.com Inc (AMZN.O) and Walmart’s (WMT.N) Flipkart has been put on hold by a court, three lawyers involved in the proceedings told Reuters on Friday.
FILE PHOTO: An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018. REUTERS/ Abhishek N. Chinnappa/File Photo
Amazon this week challenged the investigation in a court in Bengaluru and the court has granted a stay of two months, according to a lawyer from P&A Law Offices representing Amazon and two other legal counsels involved in the matter.
The Competition Commission of India (CCI) last month ordered a probe into Amazon and Flipkart over alleged violations of competition law and certain discounting practices.
“This comes as a major relief,” said the Amazon counsel, who declined to be named as he was not authorized to speak to media.
The CCI did not immediately…
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